COMMERCIAL ITEMS

Dominion, Volume 12, Issue 122, 17 February 1919, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAKE?. Saturday's quotations for investment shares were as follow:— Buyers. Seller*. P. p. d. £ s. d. Bank Australasia 128 0 0 - National Bank - < »■« Bank N.Z. \£i 6s, Bd,) ... - 14 0 0 Bank N.Z. (£6 los. 4d.)... IB I 6 Union Bank (rights) 2 0 0 Loan and Iter, (0rd.)... 101 0 0 - Loan and Mcr. (pref.) ... MOO - Well. Investment 010 3 - Well. Trust and Loan ... 5 13 9 - Well Deposit - 0 8 6 Ohristchurch Gas * 2 ~~ National Insurance 3 9 0 - N.Z. Insurance '? ' „ ~~ S.B. Innnranco 7 .7 0 — N.Z. Refrigerating - 216 " Meat Export (£4 paid) ... 4 0 0 Meat Export (£2 12->. 6d.) 2 10 Auckland Trams (pref.)... 0 16 9 - U.S.B. 00. (pref.) 115 119 P. and O. Def. Stock - 398 0 0 Well. Gas (ord.) 7 8 0 . - Wesiporf Coal 111 6 112 0 Walpa Colliery ' °18 0 Levland-O'Brien Timber 17 7 - Golden Bnv Coment 0 18 9 rrtba.rlHiid (oird. prof.) 1 10 I) — Ward and Co 114 0 - Wilfon (N.Z.) Port. Cem. 0 14 10 - British Petroleum Dvlpt. (.51 paid) - 0 6 0 War Rondn (1938) „.... 96 10 0 War Bonds (1930) 96 10 0 S8 0 0 ... PRICE OF KEBOSENE.

It is stated in Ohristchurch that in spite of the reduction in freight rates and tho lessened consumption for war purposes, kcrosono is likely to advance in prico in the near future. Inquiries. made from • retallorfl showed that as far as the bigger flrmo.in the city are .concerned, no advanco In price haa been made, though it is■ understood that, some of tho smaller storekeepers havo taken • action, prices being increased by 6d. per tin or Is. per case. ,

• Two of the ■ leading retail grocers in Chriotchcrch stated that thoy knew nothlnf- about the projected advance, but a third stated that the wholesale merchant? hnd communicated with the retailers advising them Ihnt the wholCEalo price would in all probability be advanced as from . to-day. It is understood that tho advance is not duo to any action on tha'pnrt of the wholesale suuplicrs. but to i the oil distributors, the wlloleaale merchants merely pasfiiug on the increase. /The Board of Trade recontly took action /and fixed the price of petTol, but no action was taken as regards kerosene, which is therefore uncontrolled.

CUSTOMS REVENUE. Customs duties collected at the port of Wellington on Saturday amounted to £3967 Us. «.'• BANK OF ENGLAND-RETURN. Australian-New Zealand Cible Association. ; (Kec. February 16, 11 p.m.) London, February 13. The leading items of the Bank of England return afford the following compaiison:- • v - Tils weak List week Lostyear £ £.. £ IStillion ... -. 51.810.W0 EP.461.C00 57.625.000 Heserve ... M.236.CU0 2S.IiO7.tKX) 31.32,000 Sots Circulation' r:3.S33,«';Vi (iO.nS7.CW 46.061.000 Public Deposits M,lifl.(Mo 30721.0011 39.073.nW) •Othi'V Deposits l-U-OJiiGOO 115,451.000 120.260.000 Proiici-lioii ot , reserves to .'liabilities 20.40 20.50 13.05 GOVERNMENT SEOUMTIES. The following 1 are the latest Quotations for Consols and Colonial Government Securities in comparison with those ruling laßt week:— ... Tills Lost ■' stMk V'cek Wook ,»rtl«peirf«iO<m»oli *y1 • iVol 5 .. V.'ur l»oan > F5 s 0 0 , 5 0 Jj,, Uar i-noi) cj .j n mjq n h\ „ >.i>.t,.-'Ji)ffiaionw th ]|l() ? R m 7 „ ■ tJ "/!! , 'i, t^, :: onw i U 1 l 'oo () o wo o o 4 '„>.-«.>>..•JJiuMi-Jilt) o» i ;: C 515 n * »'fr>V;.:„ 1 . , f Ap :T»'i " I(l ° ™i° o -. ",!,'''• .'vT?! 1 ,' 1 " V 5. 08 711 98 5 0 i3„Vc.;WWaK.-Jtt.y fco lo 0 80 17 G 31..V;c,i»J-i9« 75 5 o 73 5 0 J ~\le.lK9-«.laij,-Jly tt).-, o f.r, Hi u JJ..K.A.I9i6Ja«.-July 77 12 f, V? 15 0 1 ~ !i:A. 19K-00.n.-July «,(t ]2 |i jo 0 U 4 ~ Q'lVl 1915.24 Jan.-Jly ml 2li 03 la 6 31 „ QTdl922-47 Jan.-Jly 60 ll 0 [DM 3 „ QTd 1922-47 Jon.-Jlj DC I) 0 R H 4 „ N.Z. ISM liay-Nov. 60 7 6 HO 7 0 il.. N.Z.1912-4C Jan.-Jly 77 15 0 77 15 0 3., N.Z.l926April-Oct. 68 7 0 OS 7 0 3J „ W.A. My-Nv bl 0 0 M 2 li .J „ W.A. 1915-35 My-Nov 74 II 0 74 2 6 ■JJ „ Tm. 1920 Jan-July 77 12 (1 77 5 0 3,. TiS 1920-40 Jan.-Julj 71 0 0 71 0 y

MONEY MARKET.' The Bank of England discount rate on January 12. 1917, was 5* .per cent. On April 5 it wnfl reduced to 5 per cent., at which figure it has sinco stood. OPEN MARKET KATES. The discount rate for three months' bills is 3J per cent... us compared with 31 per cent, lust week, and 33 per cent, last year. Short loans are quoted at 3} per cent., as against 31 per cent, last week, and. 3J per cent, last year. COLONIAL AND OTHER PRODUCE. The War Office has cancelled the order dated November 3, 1917, restricting the output of merino tops. • Wheat.—Quiet. An Australian parcel on passage has been sold at 86s.' Flour.-Quiet. Australian is not offering. Oats. Beans, and Peas.—Quiet; steady. Sugar— Unchanged. Butter and Olieciia.—Unchanged. The committee of the Produce Exchange is urging the Government to roraovc control as soon as sufficiently assured.